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moonshinegnomie

(3,645 posts)

20. list cook responded

Reply to BumRushDaShow (Original post)

Mon Aug 25, 2025, 11:51 PM

Aug 25

"President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so. I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022.

Just received this statement from Lisa Cook:
"President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so. I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022."
— Ben Casselman (@bencasselman.bsky.social) 2025-08-26T03:02:35.802Z

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Moosepoop Bernardo de La Paz greatauntoftriplets

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Highlight:

Trump says he's removing Fed Governor Lisa Cook, cites mortgage fraud allegations [View all] BumRushDaShow Aug 25 OP

Signed off on bad mortgages? angryxyouth Aug 25 #1

Not signed off on... the allegation is that she committed the fraud herself FBaggins Aug 25 #4

This is my understanding as well. herding cats Aug 25 #5

That can still be ok if she really planned on each being her residence at that time IbogaProject Aug 25 #8

Not really - the dates are too close together FBaggins Aug 25 #12

Thank you IbogaProject Aug 25 #17

Trump accusing anyone of any kind of real estate fraud? Chemical Bill Aug 25 #15

I don't think gab13by13 Aug 25 #2

That will require lots of money, which I hope she can raise. riversedge Aug 25 #6

To my understanding............ Lovie777 Aug 25 #9

...If Trump is ultimately successful in removing Cook, he will be able to nominate her replacement and reshape the Fed's riversedge Aug 25 #3

Futures markets not taking this well... jmbar2 Aug 25 #7

I don't see much of a reaction from the futures markets. onenote Aug 25 #16

It had a pretty fast dip when the news came out. jmbar2 Aug 25 #19

Also history.......... Lovie777 Aug 25 #10

Stagflation, here it comes. Yo_Mama_Been_Loggin Aug 25 #11

Elizabeth Warren responds: Tanuki Aug 25 #13

Revenge and Performative Warfare. thought crime Aug 25 #14

Here is Bloomberg News account lostincalifornia Aug 25 #18

list cook responded moonshinegnomie Aug 25 #20

Says the turd who was convicted of lying to banks over and over and over again. This dance is gonna be a drag. twodogsbarking Aug 26 #21

MaddowBlog-Why Trump's offensive against the Fed's Lisa Cook is a 'five-alarm fire' LetMyPeopleVote Aug 26 #22

Black women are not allowed to have good jobs in the US. travelingthrulife Aug 26 #23

Says the man with 34 felony fraud convictions. republianmushroom Aug 26 #24

Deadline: Legal Blog--Trump's attempt to fire a Federal Reserve governor tests a weird Supreme Court move LetMyPeopleVote Aug 26 #25